Rupee likely to trade in 54.5-56/$ range: Mohan Shenoi
By Ira Dugal | Published On: July 03, 2012 10:35 (IST) | Duration: 6 min, 03 sec
In an interview to NDTV Profit, Mohan Shenoi, Treasurer, Kotak Mahindra Bank, said that bond yields will be rangebound. "A likely hike in the crude oil price is negative for the bond market," he added. As far as the rupee is concerned, he said that it is likely to trade in a range of 54.5-56 a dollar.